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20130211
20130211
Search Results 0 to 7 of about 8 (some duplicates have been removed)
's different? we have seen an enormous increase in the u.s. trade deficit, especially with countries like china. today, they happened to release a report that looked at the effect of currency manipulation, perhaps the single most important factor and explain the growth of our trade deficit. eliminating the trade deficit or eliminating currency manipulation could reduce the trade as a by roughly $190-$490 billion. doing this would increase manufacturing employment by up to 1 million jobs. that's a big downpayments in the whole we have created in manufacturing and employment. one thing we need to do is create demand. that is what we did do but we did not do that in the last decade. we need to shift the demand to domestic produced goods resulting in the hiring of domestic workers. manufacturing jobs are amongst the best for workers especially for those without a college degree. high wages, good benefits. >> bruce, you worked in washington, d.c., and brookings is right off dupont. >> i am mostly on a plane. >> industrial policy is a dirty word. if you go to any other domestic place, it will land yo
to give in. they've got a president who wants to turn us into a third world country with all this taxing and redistribution of wealth. we've run out of wealth, by the way, it's just redistribution the crumbs on the table. and it's just too much. >> host: all right, june. let's listen to what nancy pelosi had to say. she was on the sunday talk shows yesterday, and here's what she had to say on this issue of a spending problem in washington. >> so it is almost a false argument to say we have a spending problem. we have a budget deficit problem that we have to address. right now we have low interest on the national debt, and a good time for us the to act to lower that deficit. we think the deficit and the national debt are at immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt, and that's 15%. that's a large percentage of the budget. it's lower now because of the lower interest rate. >> host: so on this debate, spending cuts versus tax increases, here's what the washington times writes in their editorial: as mr. thornton points out, th
's not going to happen and i think that this gets us back to the main theme of the state of the union address. the way the president moves the country forward and relates to people's fears is that he says budget deficits aren't nearly -- they're important but not nearly as important as getting the economy growing now. and that's what i want to do. chris: i'll get back to what you said, david. there is a great chance to get the american people's attention. if he makes an appeal, let's get beyond the zero sum, backettey-back bickering in washington and get some stuff done this year. can he put the republican right, i guess you have to call it the republican right, in a corner? >> if he continues this theme which i think led to his success on the fiscal cliff negotiations, which is to make the republicans the party of no at a time when americans want government to work. and i think that's the way he needs to set it up. i didn't think he did that well in his inaugural address but i think he has another chance here, and if he can make it seem as if, you know, resisting him on finding an alternativ
further updates. so we hope you join us. >> gretchen: log on for the after the show show. have a great monday. good-bye, everyone. 600 years. it is big news and hit like a bombshell today. i figured you needed some news. martha: you came back from your vacation with very big news. bill: i want to thank the pontiff for waiting for this. martha: even the pope's closest advisers say this decision took them by surprise. the news broke a couple hours ago. in his statement he says after repeatedly examined my conscience before god that my strength due to an advanced age are no longer suited to the petrine ministry. >> reporter: pope benedict 16 says he will be quitting february 28, less than 8 years into his papacy. he said his strength has deteriorated the last couple months and he noted a lack of strength to fulfill his mission. the senior sa senior advisor sae noticed the pope slowing down. we watched pope john paul ii suffer through the last few years of his papacy. maybe he wanted to avoid that. the former cardinal joseph ratzinger was touched by the charges of child abuse in the cathol
on our program tomorrow, we will have further updates. so we hope you join us. >> gretchen: log on for the after the show show. have a great monday. good-bye, everyone. 600 years. it is big news and hit like a bombshell today. i figured you needed some news. martha: you came back from your vacation with very big news. bill: i want to thank the pontiff for waiting for this. martha: even the pope's closest advisers say this decision took them by surprise. the news broke a couple hours ago. in his statement he says after repeatedly examined my conscience before god that my strength due to an advanced age are no longer suited to the petrine ministry. >> reporter: pope benedict 16 says he will be quitting february 28, less than 8 years into his papacy. he said his strength has deteriorated the last couple months and he noted a lack of strength to fulfill his mission. the senior sa senior advisor sae noticed the pope slowing down. we watched pope john paul ii suffer through the last few years of his papacy. maybe he wanted to avoid that. the former cardinal joseph ratzinger was touche
people. so we have to recognize that. which cuts really help us and which cuts hurt our future and cuts in education, sigh enfiscal cliff tick research and the rest are harmful and they are what are affected by the sequestration. it is almost a false argument to say we have a spending problem. we have a budget deficit problem that we have to address. right now we have low interest on the national debt and it is a good time for us to act to lower that deficit. we think the deficit and the national debt are at immoral levels. we think we must be reduced. we are sick and tired of paying interest on the national debt. that is 15%, a large percentage of the budget the interest on the national debt. it is lower now because of the lower interest rate. >> chris: again all i would say, a $3.5 trillion budget and talking about $85 billion in cuts injuries let's go to the taxes, though. >> before you leave spending we agreed to $1.6 trillion in spending discretionary domestic spending -- >> chris: but the sequestration is just spend ising cuts. >> secondly we have gone to medicare and had savings
Search Results 0 to 7 of about 8 (some duplicates have been removed)